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$FTV has tumbled hard recently, dropping well below its moving averages after a spin-off and analyst downgrades. The washout leaves it deeply oversold and sitting right above a key level. If it can stabilize here, the first signs of a reversal could trigger a sharp technical rebound for those looking to catch a clean bounce.
$BABA remains under pressure with China headlines weighing, but it’s testing a multi-month level it’s defended before. With partnerships expanding and the company quietly fixing operations, a bounce from here could offer a strong recovery play for traders looking for upside in Chinese tech without chasing extended moves.
$ACGL is inching along support after a pullback, with options activity heating up for August. The stock’s underlying strength, coupled with its well-defined risk area, makes it a candidate for a technical bounce if market conditions firm up.
$ADBE has slipped below its recent averages despite strong fundamentals and ongoing bullish broker coverage. Traders looking for high-quality tech exposure could find Adobe’s current level appealing if it stabilizes and broader sentiment recovers.
$LULU has come down sharply from its highs and is hovering near a critical level with volume above average. While the broader retail space remains choppy, Lululemon’s brand strength and previous bounce patterns near these zones make it a compelling watch for a reversal.
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